Business

The State Bank officially announced the establishment of the Vietnam Asset Management Company on July 26.

Many land plots in Hanoi valued at around VND500 million per square metre are purposely left off that market by their owners who can afford to wait until the market improves.

Vietnam Airlines made a pretax profit of VND173 billion between January and June this year despite numerous difficulties.

Companies oppose the plan to apply separate power prices for the cement and steel industries that are 2% to 16% higher.

The current payroll policies for state officials are outdated and do not encourage employee engagement and development of skills, one expert has said.

Many housewives in HCM City prefer foreign-branded rice products to local ones, but do not care much about their real origins.

The first high-class apartment project developed by Syrena Vietnam Investment and Development JSC would step in handover phase for the first 26 customers from 15th July to 30th July 2013.

Deputy PM Hoang Trung Hai requested that the Vinashin speed up its restructuring process and pay attention to resolving its financial problems.

Vietnam’s exports to the UK soared 41.6 percent to top 1.76 billion USD during the first half of this year, according to the General Department of Customs.

The Vietnamese real estate market is showing signs of recovery as more capital came from overseas Vietnamese in the first half of this year.

Vietnamese enterprises have started actions to protect and take back their brand names which were used illegally overseas.

Dynamic growth and an expanding middle class are making Southeast Asian consumers among the most confident in the world when it comes to their economic prospects, a survey showed Tuesday.

Vietnamese Minister of Industry and Trade Vu Huy Hoang and Haiti Minister of Economics and Finance Wilson Laleau signed a framework agreement on trade and investment in Hanoi on July 22.

Indonesia’s tourism sector will give priority to five major tourism markets to improve service quality and attract foreign tourists amidst the financial and public debt crisis in the US and European countries.

CPI spiked in Hanoi and HCM City this month as a result of the petroleum price hike in late June, according to the Statistics Departments.

The central province of Thanh Hoa on July 22 handed over the building ground and permit for the Nghi Son Refinery and Petrochemical Complex.

Many insurers have planned to slash dividend payments, following the usual round of insurance company shareholder meetings.

The national flag carrier, Vietnam Airlines has been asked not to carry wildlife, especially sturgeon, without legal certificates of origin.

A World Bank-funded project with investment totaling US$55.6 million will help businesses access funding resources for technological initiatives to improve the living conditions of low-income earners.